Tag: Financial select sector SPDR
New Sector Leaders
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Janet Yellen held her first policy meeting as the chairman of the US Federal Reserve this week. It didn’t take long for her to change the Fed’s game plan. In short, the Fed dropped the target unemployment rate and instead will look at a ‘wide range’ of economic data in deciding when to raise interest […]
Worst Performing Sector This Week
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As I’m sure you’ve noticed, the S&P 500 is in the midst of a five day losing streak. The longest such streak since the large cap index dropped for five consecutive days from September 19th to the 25th. The recent selloff was sparked by better than expected economic data. In the bizarre world we live […]